So you need to actually spend it or find some non-cash deductions. 

Max Tanenbaum I spend around 20k for my insurance and yearly maintenance excluding work comp premium.

I can say I would need a much larger pay day to spend that kind of money.Do you have a list of buyers (you will need these to wholesale)?

Then during the summer they personally get to enjoy the homes for practically free.I do not know any realtors in that area to recommend but would start by spending a weekend there and drawing circles around the areas you are interested in.

Goes with the above question - will the next government be as “western-looking” as this one - will my ownership rights be protected in the future?

Combined LTV isn't as important as equity above the first.100k house, 120k first, 40k second = no equity100k house, 90k first, 40k second = partial equity, shouldn't get strippedYou don't need "equity in the house", you need equity that protects your position.

How much per square ft I️ should be looking to spend, laws (Albany, NY) or just some general knowledge really.

The way my friend does it lets him sleep better at night with better protection.

From what I understand, it is recommended to have the investment property under the LLC for protection purpose.

As someone just getting into real estate, it can seem very daunting at times; however, the more time we spend on here the easier it is to realize the opportunities are out there and we just have to put in the effort to make it work.Any advice you would give to those just starting out?